“IOS Failed to Initialize” Error Message on Boot {KB 157924}
Win95 POSSIBLE RESOLUTIONS: (1) Boot in Safe Mode or to Command Prompt, then back to Normal Mode. (2) Disable any reference to SMARTDRV.EXE in CONFIG.SYS or AUTOEXEC.BAT, then reboot normally. Issue is resolved in RMM.PDR ver. 4.00.1112 (dated 3/10/97) or later. This rare problem doesn't occur if IE 4.0 (or later?) is installed. Systems most vulnerable have only 32 MB of RAM and a large number of device drivers.